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| Provider | Service type | Compensation |
|---|---|---|
NEWPORT GROUP, INC.6 years Service code 13 · EIN 27-2037969 | Contract Administrator | $99,286 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,235 | $82,979-4.5% | $102,383-22.6% | $77,714+2.0% |
| Participation rate | 48.8% | 71.5%-22.8pp | 74.5%-25.7pp | 70.6%-21.8pp |
| Annual return | 14.25% | 19.11%-4.9pp | 24.94%-10.7pp | 31.26%-17.0pp |
| Employer contribution / active EE | $952 | $3,554-73.2% | $3,870-75.4% | $2,727-65.1% |
| Participant deferral / active EE | $2,968 | $4,109-27.8% | $5,060-41.3% | $4,649-36.2% |
| Admin fee / account holder | $410 | $639-35.8% | $8,391-95.1% | $433-5.3% |